kerdirks

PATH Burning Hot

Long
kerdirks Updated   
NYSE:PATH   UiPath, Inc.
This one showed on my filter within the last 1-2 weeks.
Am expecting this Head & Shoulder pattern with trendline support to push this to the target.
Follow for more tips in the future.
Comment:
Nice consolidation this week thus far.
Am expecting another $14 to the upside; let's see what happens next.
Am also seeing nice support on the IXIC chart that suggests more upside in the small caps and the market in general.
If/When price crosses the thick fib circle at the end of the week and then month, it's game on.
Trade closed manually:
After reviewing further, there is a gap in the price action where I'm expecting a retrace to lower support before price will be allowed to move up. Closing this position for now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.